Category Archives: Muskoka Real Estate Market

Muskoka Docks

Damage and Reconstruction

If a cottage, boathouse or dock is damaged and has to be taken down, there is a limited time within which it must be reconstructed. If one of your old docks fall apart, don’t delay in getting it rebuilt, or you may find you have lost to right to have it with any grandfathered rights to location or coverage. Simply having the cribs still sitting in the water is not enough. Check with your Municipality to know what the time limit is you have to maintain your grandfathered rights to coverage or location. You would hate to have a situation in which you have lost some of the value of your property because you were not timely in rebuilding a dock or outbuilding in a grandfathered situation.

Strong Cottage Sales in Muskoka

The total number of cottages sold on Lake Muskoka, Lake Rosseau, and Lake Joseph in 2016 was up 23% from 2015 making it the best year overall since we started tracking cottage sales in 2000.

The growth was spread across all three of the “Big Lakes” with Lake Muskoka unit sales up 6.5%, but the big winners in 2016 were Lake Rosseau where unit sales increased by 57.9% and Lake Joseph where the number of sales grew by 51.4%. All three lakes set an all-time record for unit sales.

Dollar sales were up 36%, making 2016 the highest year on record for sales revenue on the big three lakes in Muskoka. This smashes the previous record, which was just set last year, by over $100 million. Lake Rosseau was the largest source of Dollar sales growth, posting an impressive 110% increase over the prior year. Lake Joseph also grew sales significantly, with a 37% increase, while Lake Muskoka sales grew at a more moderate rate of 7.4% on the heels of a 17.5% increase in 2015.

To get a full copy of our 5 page statistical overview of the 2016 cottage sales on Lake Muskoka, Lake Rosseau and Lake Jospeh, email Thelma@royallepage.ca or Stephentaylor@royallepage.ca. We research and compile statistics for a real estate market report every month,in season, and would be happy to email these to you.

Good News For Muskoka Cottagers

  Good News for Muskoka Cottagers The good news, assuming you already own waterfront property here on a big lake in Muskoka, is that despite the financial market gyrations, the average selling price of a cottage on one of the big 3 lakes in Muskoka has increased by more than 50% since 2004. Specifically, cottagesContinue Reading

Muskoka Real Estate Update- June 23rd 2008

Last year there had been 51 sales on Lake Muskoka by the end of June. This year there have been 26 sales on Lake Muskoka to date. Let’s see what the rest of the month brings. In 2007 there were 14 sales On Lake Rosseau by the end of June. This year there have beenContinue Reading

Muskoka Real Estate Update -June 16th 2008

From June 1st to June 15th there were 15 price reductions on the three big lakes, (including river properties from which you can boat directly to one of the big lakes.) Lake Muskoka had 9 price reductions Lake Rosseau had 5 price reductions Lake Joseph had 1 price reduction 90% of the price reductions inContinue Reading

Muskoka Real Estate Sales- Price Reductions- June 13th 2008

There have been 27 price reductions on Lakes Muskoka, Rosseau and Joseph from April 1- May 31st 2008 The totals are: Lake Muskoka 16 price reductions Lake Rosseau 8 price reductiosn Lake Joseph 3 price reductions It is significant to note that 90% of the price reductions have been on properties that were on theContinue Reading

Muskoka Real Estate- June 13th 2008

There have been fewer sales on Lake Muskoka, Lake Rosseau and Lake Joseph this year than in previous years by this date. This has also been a very bad year for water and weather conditions, and this affects the real estate market. By the end of May 2008: Lake Muskoka had 24 sales, compared toContinue Reading

Muskoka Cottage Price Reductions for April 2008

Someoneasked us the other day if we had seen all the price reductions of listings in Muskoka. I decided to take a look at April 2008. On Lakes Muskoka, Rosseau and Joseph there was only one price reduction in April. This takes inboth the listed cottages and the vacant land. However,there were many residential priceContinue Reading